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20131202
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CSPAN 1
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Dec 8, 2013 5:30pm EST
effects. i was telling jonathan that i think it is not that government is inherently stupid, although that is a debatable point. it is that they do not get the right incentives. the business would be run this way because you would be run out of business immediately. we have put into law perverse incentives. people who had cheap insurance no longer can buy that. it is what they could afford and that is the only way they had it. i was one of them. i used to have family coverage for five people, for $5,000. a $5,000 deductible. in obamacare, you can have a higher detectable and still pay $20,000 because there is a mandate built into it. the problem is the insurance company is never going to offer those policies again because they are told within a year, if you delay it for year, then in a year everyone will be forced to buy the new policies, which are more expensive. let's say you sell bread and you sell for a dollar a loaf, and they say, we're going to force everybody to buy for two dollars a loaf, but you have to continue selling it for dollar. the problem is the young healthy people w
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